Archive for the 'Personal' Category

Fannie Mae relaxes loan down-payment requirements (Reuters)

The headquarters of mortgage lender Fannie Mae is shown in northwest Washington October 3, 2006. (Jason Reed/Reuters)Reuters - Fannie Mae, the largest U.S. home funding source, is setting a single national standard for down payments on mortgages it buys, including areas where home prices are falling, in an effort to stimulate the housing market.


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admin on May 17th 2008 in Personal

Fannie Mae scraps higher downpayment requirements (AP)

AP - Fannie Mae is doing away with higher minimum down-payment requirements for borrowers in parts of the country where home prices are dropping.

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admin on May 17th 2008 in Personal

AOL sheds its brand to draw specialty audiences (AP)

The AOL Running Man logo decorates a coffee mug in AOL's New York office on Monday, May 12, 2008. A company rooted in bringing the Internet to the masses, AOL is shifting its focus toward serving niche audiences with the launch of dozens of specialty Web sites. (AP Photo/Mark Lennihan)AP - Unless you're looking carefully, you'll likely miss the fact that the new Asylum Web site for young men is a creation of Time Warner Inc.'s AOL. Same for WalletPop on personal finance, Spinner on indie music and StyleList on fashion.


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admin on May 17th 2008 in Personal